The US CFTC has ordered Citibank to pay a USD250 million civil monetary penalty to settle charges that it attempted to manipulate, and made false reports concerning, the US Dollar International Swaps and Derivatives Association Fix (USD ISDAFIX), a global
The unlisted natural resources debt fundraising market has developed since the financial crisis, with 54 funds closing since 2010 raising a combined USD29 billion. The most successful year of fundraising occurred in 2013 when 15 funds reached a final close,
The European Energy Exchange (EEX) is to expand its offering on the Power Derivatives Market with further short-term maturities. From 16 June 2016, day and weekend contracts for peak-load deliveries of power can be traded in the French and Italian
Phase 2 of GMEX Technologies’ project to implement the warehouse receipt system AvenirWRS at the Agricultural Commodity Exchange for Africa (ACE) in Malawi, is now live. This latest project phase delivers warehouse receipts creation, management and financing. Associated activities include
Four out of six of IndexIQ’s family of IQ Hedge Indexes recorded positive performance in April, with the IQ Hedge Long/Short Index leading the way with a return of 1.25 per cent. The other positive performers were the IQ Hedge
Managed futures traders lost 0.05 per cent in April according to the Barclay CTA Index compiled by BarclayHedge. The Index has gained 0.95 per cent in the first four months of 2016. “Improvement in the financial outlook for the US,
Hedge funds investing in Russian and Latin American Emerging Markets (EM) have posted strong gains through early 2016, leading performance through April, as global and EM equity, commodity and currency markets surged in recent weeks following steep losses to begin
Offshore law firm Appleby has appointed Alex Brainis as a partner in the Investment Funds group, in the firms’ Cayman Islands office. Managing Partner, Bryan Hunter, says: “On behalf of the partners, it is my pleasure to extend a warm
Worth Venture Partners, an emerging manager hedge fund platform headquartered in Manhattan, has released a new paper titled "Accessing Emerging Hedge Fund Returns – Seeking Return Over Size" as part of a series of commentaries, Worthy Insights. Investors are considering
American Beacon Advisors, a provider of investment advisory services to institutional and retail markets, has launched the American Beacon GLG Total Return Fund. The American Beacon GLG Total Return Fund is managed in an absolute-return style focused predominately in fixed
